Technical Analysis Nov 2020: Biolidics (SGX: 8YY)

Biolidics Limited 

Observation from chart:- 

Biolidics (8YY) forming descending triangle pattern. 

Will it breakout the resistance or support? 

Other indicator:- 

MACD trade at negative region, downtrend sign. 

Stochastic %K on SELL call itinerary. 

Immediate resistance @ triangle line level.

Subsequent resistance @ $0.35 level. 

Immediate support @ $0.28 level. 

If break $0.28 support, lower low is confirm. May have another wave selling pressure.

Let's watch closely Disclaimer.

Technical Analysis Sept 2020: Biolidics (SGX: 8YY)

Biolidics Limited 

Observation from chart:- 

Biolidics (8YY) succeed breakout descending triangle pattern. 

When will it break the resistance or support? 

Other indicator:- 

MACD trade at positive region, uptrend sign. 

Stochastic %K on BUY call itinerary. 

Immediate resistance @ $0.435 level.

Subsequent resistance @ $0.58 level. 

Immediate support @ $0.32 level. 

Subsequent support @ $0.275 level. 

Let's watch closely Disclaimer

Technical Analysis Aug 2020: Biolidics (SGX: 8YY)

 

Biolidics Limited 

 

Observation from chart:- 

Biolidics (8YY) forming triangle pattern. 

When will it break the resistance or support? 

Other indicator:- 

MACD trade at positive region, uptrend sign. 

Stochastic %K on BUY call itinerary. 

Immediate resistance @ $0.48 level. 

Subsequent resistance @ $0.58 level. 

Immediate support @ $0.35 level. 

Subsequent support @ $0.295 level. 

Let's watch closely.

Technical Analysis Aug 2020: Biolidics (SGX: 8YY)

Biolidics Limited 

Observation from chart:- 

Biolidics (8YY) forming triangle pattern. 

Will it break the resistance or support? 

Other indicator:- 

MACD trade at positive region, uptrend sign. 

Stochastic %K on SELL call itinerary. 

Immediate resistance @ $0.495 level.

Subsequent resistance @ $0.58 level.

Immediate support @ $0.38 level. 

Subsequent support @ $0.28 level. 

Let's watch closely for opportunity.